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Verizon Communications, Inc.

Verizon Communications, Inc.

Sector: Radiotelephone Communications Region: NY, United States


: | London Stock Exchange: VZC | New York Stock Exchange: VZA | New York Stock Exchange: VZ | Frankfurt Stock Exchange: BAC


Similar to: Afone SA, AltiGen Communications, Inc., Telekom Austria Group

Verizon Communications Inc. operates as a holding company, which provides broadband and other wireless and wireline communications services to consumer, business, and government and wholesale customers. It also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers. The company operates its business through two segments: Verizon Wireless and Wireline. The Verizon Wireless segment provides communications products and services including wireless voice and data services and equipment sales, which are provided to consumer, business and government customers across the United States. The Wireline segment provides communications products and services including local exchange and long distance voice service, broadband video and data, IP network services, network access and other services to consumers, small businesses and carriers in the United States, as well as to businesses and government customers. Verizon Communications was founded in 1983 and is headquartered in New York, NY.

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Telecommunications 2020 John Stratton, President VES

Jun 24 2013 John Stratton, President of Verizon Enterprise Solutions, outlined his view on the future of telecommunications in a virtual opening keynote address at the tri-annual G9+ event held in Paris, France on June 24, 2013. The conversation was hosted by Yves Gassot, CEO of the Digiworld Institute by IDATE.

Verizon Communications, Inc. video

Telecommunications 2020 John Stratton, President VES

Verizon Communications, Inc. video

Verizon Foundation Sharing Our Success 2013

Verizon Communications, Inc. video

Recap of the CES 2013 Verizon Keynote

Executives

Lowell C. McAdam, Chairman and Chief Executive Officer
Lowell C. McAdam is chairman and chief executive officer of Verizon Communications, with responsibility for the operations of Verizon, including all business units and staff functions. In addition, he is chairman of the Verizon Wireless Board of Representatives.
McAdam succeeded Ivan Seidenberg as CEO on Aug. 1, 2011 and as chairman on Jan. 1, 2012.
From October 2010 until he assumed his current position, McAdam served as president and COO and had responsibility for the operations of the company’s network-based businesses -- Verizon Wireless and Verizon Telecom and Business -- as well as Verizon Services Operations. He was also responsible for the technology management and CIO functions.
Before that, McAdam held key executive positions at Verizon Wireless since its inception in 2000 and built the company into the industry’s leading wireless provider, with the nation's largest, most reliable wireless voice and 3G broadband data network. He was president and CEO of Verizon Wireless from 2007 until being named COO of Verizon, and before that served as Verizon Wireless’ executive vice president and chief operating officer.
Earlier, McAdam was president and CEO of PrimeCo Personal Communications, a joint venture owned by Bell Atlantic and Vodafone AirTouch. He also served as PrimeCo's chief operating officer, responsible for overseeing the deployment of the new company's customer service operations and all-digital network.
McAdam has also served as vice president-international operations for AirTouch Communications and was lead technical partner for cellular ventures in Spain, Portugal, Sweden, Italy, Korea and Japan. McAdam joined AirTouch as executive director of international applications and operations in 1993. From 1983 to 1993, he held various executive positions with Pacific Bell, including area vice president of Bay Area marketing and general manager of South Bay customer services.
McAdam is past chairman of the board of directors of the CTIA, the wireless industry trade association. He is a director of the National Academy Foundation, a partnership between business leaders and educators that helps high schools across the country establish and run technical and service academies to prepare students for college and careers.
He earned a bachelor's degree in engineering from Cornell University and a master's degree in business administration from the University of San Diego. He also spent six years in the U.S. Navy Civil Engineer Corps and became a licensed professional engineer in 1979.
Francis J. Shammo, Executive Vice President and Chief Financial Officer
Fran Shammo is executive vice president and chief financial officer for Verizon Communications, responsible for the company’s finance and strategic planning operations, and financial transaction services.
Before being appointed to his position, effective Nov. 1, 2010, he was president and chief executive officer of Verizon Telecom and Business, responsible for sales, marketing and customer service excellence for the company’s consumer, small-business, enterprise and wholesale customers worldwide. The unit provides broadband, communications and entertainment services over its state-of-the-art, all-fiber FiOS network and delivers professional services and advanced IT, security, communications and networking solutions globally for enterprise customers.
Previously, Shammo was president of Verizon Business, and prior to that appointment he served as senior vice president and chief financial officer for Verizon Business.
Shammo has also served as president - West area for Verizon Wireless, responsible for the company's operations in the 13 states west of Colorado. He was vice president and controller at the time of Verizon Wireless’ launch, and was responsible for formulating and implementing its financial processes, as well as leading Sarbanes-Oxley compliance and reporting requirements.
Shammo joined Bell Atlantic Mobile in 1989 as general manager for accounting operations, and later held a series of positions of increasing responsibility in finance, mergers and acquisitions, logistics, facilities, regional operations and planning. Shammo acquired public accounting, retail and tax experience before entering the wireless industry.
Shammo is a member of the Philadelphia University Board of Trustees. He also served as a member of the Board of Micrus Endovascular Corporation and was chairman of its audit committee, before the company was acquired by Johnson & Johnson in September 2010.
He holds a bachelor’s degree in accounting from Philadelphia University, a master's degree in business administration from La Salle University, and is a Certified Public Accountant.
Nancy B. Clark, Senior Vice President - Operational Excellence and Process Trans
Nancy Clark is senior vice president and head of the Operational Excellence and Process Transformation Organization, reporting directly to Chairman and CEO Lowell McAdam. The organization is designed to improve the value Verizon delivers to customers, employees and shareowners by identifying and implementing process improvements that will create a more efficient, effective and agile company.
Before assuming her current position in June 2013, Clark was president – Northeast area for Verizon Wireless, responsible for the company's operations in the New England, New York Metro, Philadelphia Tri-State, upstate New York and Washington/Baltimore/Virginia regions.
Prior to that, Clark served as vice president – national operations, responsible for national consumer operations, and as president – Great Plains region, responsible for the company's operations throughout Minnesota, Iowa, Nebraska and the Dakotas.
Clark began her telecommunications career in 1987 with the former GTE, working in finance, marketing and sales positions for the company’s Texas and California markets. When Verizon Wireless was formed in 2000, she joined the Midwest area and was responsible for sales channel operations, and then served the area as vice president – customer service.
Clark holds a bachelor's degree in finance from Michigan State University and an MBA from the University of Houston.
She is on the board of board of Safe Horizon, the largest victims’ services agency in the United States, which assists more than 250,000 children, adults and families affected by crime and abuse throughout New York City each year.

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